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CNBC’s full interview with OPEC Secretary General Haitham al Ghais
Haitham Al Ghais, OPEC Secretary-General, speaks to CNBC the World Economic Forum in Riyadh about OPEC’s response to the war in Gaza, Iran sanctions and other major energy issues.
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If oil disappeared tomorrow….
If oil disappeared tomorrow, there would be no more jet fuel, gasoline or diesel. Internal combustion engine automobiles, buses, trucks, lorries and coaches would be stranded. Airplanes powered by jet fuel would be grounded. Freight and passenger rail powered by diesel would halt. People could not get to work; children could not get to school. The shipping industry, transporting both freight and passengers, would be devastated.
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GECF launches new edition of Global Gas Outlook
The Gas Exporting Countries Forum (GECF) officially launches the new edition of its annual flagship publication, the Global Gas Outlook (GGO), on 12 March 2024 in the GECF Secretariat via video conference.
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Iran’s subsea gas pipeline project unique in Middle East
SHANA (Tehran) – The Iranian Gas Engineering and Development Company (IGEDC) is for the first time in the Middle East implementing an undersea gas pipeline project in southern waters. A three-kilometer-long 30-inch pipeline is being laid underwater and the related Bandar Abbas-Laft-Gavarzin project is also underway simultaneously. A few countries have up to now carried out similar subsea gas, electricity, and water pipeline installation operations by using the horizontal directional drilling (HDD) technique. Relying on domestic knowledge-based companies’ expertise, IGEDC is implementing the project. The successful implementation of the offshore project will bring honor to Iran’s gas industry.
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How to Realistically Decarbonize the Oil and Gas Industry
TEHRAN (Shana) -- Bjørn Otto Sverdrup leads the Oil and Gas Climate Initiative (OCGI), which gathers the CEOs of twelve of the world's largest oil and gas companies around an ambitious goal: to get one of the leading contributors to climate change to drastically lower their own carbon emissions. He describes a possible path for the industry to pivot to net-zero operations, reimagining the role it could play in helping decarbonize the economy and igniting changes in how we consume energy.